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Using the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the

Using the fiscal year end 2020 annual report for General Mills, Inc. and the figures from the 2020 annual report as noted below, calculate the financial ratios for 2020 and 2019 indicated using the EXCEL template provided:

  1. Gross profit percentage
  2. Return on sales
  3. Asset turnover
  4. Return on assets
  5. Return on common stockholders’ equity
  6. Current ratio
  7. Quick ratio
  8. Operating-cash-flow-to-current-liabilities ratio
  9. Accounts receivable turnover
  10. Average collection period
  11. Inventory turnover
  12. Days’ sales in inventory
  13. Debt-to-equity ratio
  14. Times-interest-earned ratio
  15. Operating-cash-flow-to-capital-expenditures ratio
  16. Earnings per share
  17. Price-earnings ratio
  18. Dividend yield
  19. Dividend payout ratio

Total assets 2020 = $30,806.7

Total stockholders’ equity 2020 = $8,349.5

Total current liabilities 2020 = $7,491.5

Accounts receivable 2020 = $1,615.1

Inventory 2020 = $1,426.3

Year-end closing stock price May 2020 = $58.80

Year-end closing stock price May 2019 = $53.56

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